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Uk Banking Reforms Leave London Exposed - Banking Commission

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Reform of Britain's scandal-hit banking industry is too piecemeal, undermining its ability to boost the economy and leaving it exposed to further crisis, the lawmaker who drafted initial plans for an overhaul told Reuters.

Andrew Tyrie, the chairman of a government-appointed banking commission, said he was concerned that the government was ignoring important elements of his blueprint for reform and sometimes mistakenly favouring non-binding guidelines over statutory legislation.

"The commission is not yet happy," Tyrie said in an interview, referring to his own parliamentary panel. "We're watching and we're not going to go away," he said, sipping black tea in his office overlooking the River Thames.

Well if house prices fall significantly I don't the UK banking system will be able to cope. Luckily that won't be allowed to happen.

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he said, sipping black tea in his office overlooking the Thames.

Is that detail completely necessary?

Reck B typed, with a puzzled look on his face in his office overlooking a Car Park in Exeter.

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